Govt to sell its entire stake in Bharat Petroleum Corporation Limited (BPCL) for $6.9 Billion, say reports
BPCL is India’s second-biggest state refiner
As of 2019, it is ranked 275th on the Fortune list of the world’s biggest corporations
The government has a 53% stake in the BPCL, valued at about Rs 509 billion
Since April last week, govt has allowed bidders access the financial data of BPCL
The second wave of the COVID-19 outbreak might slow down the sales process
